A scientist from HSE University has developed an image recognition algorithm that works 40% faster than analogs. It can speed up real-time processing of video-based image recognition systems. The results of the study have been published in the journal Information Sciences.
Sima.ai, a startup developing an edge AI accelerator chipset, has secured $80 million in venture capital backing.
Cybersecurity detection automation company Anvilogic recently secured $10 million in venture capital backing.
Automatic speech-to-text platform Verbit is acquiring VITAC, the largest transcription service company in North America.
It was bound to happen: A venerable old job gives up more of the human touch for AI efficiency.
To best assist human users while they complete everyday tasks, robots should be able to understand their queries, answer them and perform actions accordingly. In other words, they should be able to flexibly generate and perform actions that are aligned with a user's verbal instructions.
Mythic has raised $70 million to fund the analog-based AI processors that it plans to launch later this year.
Redwood Software, a provider of enterprise process automation solutions, has raised roughly $379 million to expand its platform.
Here's a summary of the Australian government's digital economy strategy, as well as the rest of the tech-related investments made as part of the 2021-22 federal Budget.
Cosmologists love universe simulations. Even models covering hundreds of millions of light years can be useful for understanding fundamental aspects of cosmology and the early universe. There's just one problem—they're extremely computationally intensive.
The 2021-22 Budget provides more funding for the GovERP program and the federal government has once again declared it wants to involve more smaller players in its procurement activities. It is also giving more funding to the Cashless Debit Card.
Arkose Labs, a startup fighting online fraud with AI tools, raised $70 million in a venture capital funding round.
Big Blue has now released Qiskit Runtime, which enables a significant acceleration of quantum calculations carried out over the cloud.
IBM has announced Project CodeNet, a large dataset that aims to help teach AI how to understand and even write code.
In 2011, Jeff Bezos dreamt up a talking device. But making the virtual assistant sound intelligent proved far more difficult than anyone could have imagined.
In addition to spending around AU$250,000 per month on staff building out the app, as of February, a handful of tech vendors have already walked away with over AU$1 million to help the agency deliver the solution that senators are not convinced NDIS participants even want.
At its Think 2021 conference, IBM announced new products across its Cloud Pak for Data and Watson portfolios.
IBM's Project CodeNet is an effort to spur the development of AI systems that can tackle programming challenges.